itemprop=description content=THE language of a “wellbeing economy” is being used as a “fashionable label” by politicians in Scotland who are promoting the same policies…
” is being used as a “fashionable label” by Scottish politicians to promote the same policies as always, according to a new report.
But the University of Strathclyde Business School professor writes: “Their vision and desired outcomes explicitly represent a business-as-usual approach: grow the economy, tax it, and then redistribute, with the needs of the economy taking pre-eminence.” Black writes: “Goals like GDP matter because all the infrastructure, institutions, flows of information, materials and processes within a system act to achieve them. By changing the goal, all these elements move towards achieving something new.”
He said: “I think this push for a just transition, this push for a wellbeing economy, is just setting themselves up to fail. “If we’re going to take all this seriously we can’t just keep doing what we’re already doing but a little bit better.
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